Sergei Melnichuk


Status: Paid Back

$350.00   Loan Request
$350.00   Paid Back

About the Entrepreneur

Name: Sergei Melnichuk
Location: Novaya Kahovka, Ukraine
Activity: Shoe Sales

About the Loan

Loan Amount: $350.00
Loan Use: To purchase more inventory
Repayment Term: 4 months - View details below
Lenders Repaid: At end of term
Currency Exchange Loss: Covered
Date Listed: Dec 6, 2008
Date Disbursed: Nov 20, 2008
Date Funded:Dec 6, 2008
Loan Ended:Feb 15, 2009

About the Country

Country:Ukraine
Avg Annual Income:$8,000.00
Currency:Ukraine Hryvnia (UAH)
Exchange Rate:5.8280 UAH = 1 USD



Sergei is married and has one daughter. They have a family business selling shoes at the market. He started this business 5 years ago with a small amount of inventory and just one location. The business turned out to be successful. Later he opened a second location, and then a third one. Today, his gross monthly income is about 10,000 UAH.


This time, Sergei would like to get a seasonal loan of 2,000 UAH with the purpose of purchasing more inventory. Sergei has a goal in his business - to open his own small store and work there together with his wife and daughter.


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Lenders to this entrepreneur

Yury & Marcie
Fairfield, CT
United States

Good Dogg
Front Porch, www.kivafriends.org
United States

Meguido Zola
Vancouver, BC
Canada

Gerri
Studio City, CA
United States

Byron
katy, TX
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Tom
Norwich, VT
United States

Kiva Friends Quilt Fund
www.kivafriends.org,

Su-chin
Cambridge, MA
United States

Jacquelyn
Morristown, TN
United States

howard and maureen
pinole, CA
United States

Gumball Capital
Stanford, CA
United States

Nancy
Seattle, WA
United States

Shen Heng
Singapore, www.jorbb.com
Singapore

Debra
Richardson, TX
United States



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Journal entries for Sergei Melnichuk


Loan has been disbursed
 
Entrepreneur: Sergei Melnichuk
Location: Novaya Kahovka, Ukraine

Thank you for your loan. It has been disbursed to Sergei Melnichuk by HOPE Ukraine/Nadiya, a partner of HOPE International in Ukraine. We are excited to watch this business grow. Over the next 2 months, HOPE Ukraine/Nadiya, a partner of HOPE International will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Novaya Kahovka, Ukraine
Dec 7, 2008
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Kiva Help Repayment Schedule for Sergei Melnichuk

  Expected Repayments Actual Repayments Comments
March 2009 $350.00 $350.00 Repayment Received